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Asia/Pacific

Sibur and Lukoil sign agreement for the supply of associated petroleum gas

The petrochemical holding company Sibur and the Lukoil Oil Co. have signed a long-term agreement for the supply of associated petroleum gas (APG).

Titan Metal Fabricators adds new facilities in India

Titan Metal Fabricators has announced the opening of a wholly-owned production subsidiary in India. Known as Titan Metal Fabricators India, the new operation is Titan’s first expansion outside the US.

Siemens to deliver compression solutions for gas gathering in Australia

Siemens Energy has received an order for the supply of up to 10 compressor trains to Australia Pacific LNG (APLNG) in Queensland, Australia. APLNG is a joint venture between Origin Energy and ConocoPhillips

OriginOil announces innovation to increase algae yield

OriginOil, Inc. (OOIL), the developer of a technology to transform algae into a competitor to petroleum, has unveiled Algae Screen, a process that keeps algae healthy and productive by selectively eliminating microscopic predators without the use of chemicals. The technology employs an electromagnetic pulse.

ExxonMobil opens Shiogama terminal in area affected by earthquake, tsunami

ExxonMobil Japan Group has reopened its Shiogama terminal, enabling delivery of increased fuel supplies into the Tohoku area of Northeast Japan, which was affected by the March 11 earthquake and tsunami.

Porocel and Inprocat join together

Porocel International and Integrated & Proven Catalyst Technologies (Inprocat) announced today that they have reached a definitive agreement to combine their forces into a joint venture to be called Quanta Technologies, LLC.

Foster Wheeler adds sulfur recovery to its portfolio

Foster Wheeler’s newly acquired sulfur recovery technology brings clear advantages to its refinery customers.

GE introduces new desalter emulsion breaker chemistry

GE today announced it has introduced the next generation of its Embreak emulsion breakers. Coupling the new chemistry for light and medium density crude oils with the first generation heavy crude oil emulsion breakers, GE now offers a full suite of products that span the entire range of crudes, delivering optimal desalter performance, potentially reducing total costs of operation and increasing environmental benefits.

China remains one of the largest PLC markets with sustainable growth

According to Jason Dong, GM of ARC Advisory Group China, “China’s economy was the first in the world to recover and will continue its robust growth at sustainable levels for years to come.”

Nuclear disaster will shift $200 billion investment to fossil and renewables

In the next five years over $3 trillion will be invested in dynamic segments of the power, energy and water industries. However, forecasts regarding the division of this investment made just months ago are now revised to reflect lower investment in new nuclear power plants and higher investment in alternatives.